Polish inflation at 2.7% in January: stats office

Inflation in Poland stood at 2.7 percent in year-on-year terms in January, the country’s Central Statistical Office (GUS) said in an estimate on Monday.

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The figure was 0.3 percentage points higher than forecast by economists polled by Poland’s PAP news agency.

Consumer #prices in #Poland in January 2021 (preliminary data) increased by 2.7% YoY (price index 102.7). Compared to the previous month they increased by 1.2% (price index 101.2).https://t.co/Etd6JFb9ty#StatisticsPoland #statistics #CPI #PriceIndices #PriceIndex pic.twitter.com/w1qMfZy3RD

— Statistics Poland (@StatPoland) February 15, 2021

In December, the prices of consumer goods and services in Poland were 2.4 percent higher than in the same month a year earlier, according to the Central Statistical Office.

Poland's President Andrzej Duda last month signed the country’s budget for 2021, which expects the economy to grow 4 percent, with inflation targeted at 1.8 percent.

(gs/pk)

Source: PAP